AllUnity, the German-regulated e-money institution backed by financial giants DWS, Flow Traders, and Galaxy, has announced a major partnership with Privy, the crypto wallet infrastructure firm owned by Stripe. The collaboration aims to accelerate the adoption of AllUnity’s euro stablecoin, EURAU, by integrating digital euro wallets directly into fintechs, e-commerce platforms, and other enterprise applications, a report by CoinDesk said.
The integration will allow users to seamlessly pay, receive, or hold digital euros, with the added capability to instantly convert between EURAU and fiat currency. This move positions EURAU—a rare, regulated euro-denominated stablecoin—within Stripe’s extensive crypto ecosystem, offering it exposure to millions of merchants.
“This partnership marks a significant milestone in the broader adoption of EURAU,” said AllUnity CEO Alexander Höptner, while Privy CEO Henri Stern noted the currently underdeveloped state of euro-based stablecoin usage compared to its dollar counterparts.
Beyond consumer payments, the deal also enables programmable treasury management, allowing businesses to automate functions like payroll or real-time supplier payouts in EURAU, thereby reducing reliance on traditional banking systems.
The agreement comes as European regulators prepare to implement the comprehensive Markets in Crypto-Assets Regulation (MiCAR) in 2026, signaling a growing institutional focus on regulated euro-denominated digital money. This trend was underscored last week when French bank SocGen’s FORGE subsidiary also chose Bullish Europe to debut its own euro stablecoin.
